BYD issues 8 bonus shares for every 10 shares held – Yahoo Finance

BYD (1211.HK) announced yesterday that, in order to reward investors, strengthen the company's equity structure, and keep equity expansion in line with performance growth, the company plans to increase profit distribution through stock dividends, in addition to the original dividends paid to shareholders.

BYD distributes bonus shares: 8 for every 10 shares held.

According to the announcement, BYD will distribute bonus shares at a rate of 8 shares for every 10 shares held. This move is intended to reward investors and is also part of the company's proactive business expansion. This measure will help improve the company's equity structure and lay the foundation for future business development.

Strengthen the company's equity structure

BYD's move to distribute bonus shares will help strengthen the company's capital structure, making it more stable and healthy. By increasing profit distribution through stock dividends, the company will further enhance investor confidence and promote steady growth in its share price.

Keep equity expansion commensurate with performance growth.

BYD has always been committed to keeping its equity expansion in line with its performance growth in order to ensure that the company can continue to achieve good performance. By increasing stock dividends, the company will be able to better reward investors and provide more financial support for future business development.

Conclusion

In summary, BYD's 10-for-8 stock split will help strengthen the company's capital structure, reward investors, and promote business development. This move will lay a solid foundation for the company's future development and bring greater returns to investors.